The project that began as a dream to build South Korea’s largest-ever property development is now looking more like a nightmare for all involved.

The project’s plans are aimed at turning an idle swath of land in central Seoul that’s one-and-a-half times larger than New York’s Central Park into the Dream Hub, a glittering $28 billion international business development with office and residential sky-scrapers, hotels, malls and parks. Read More »

About Korea Real Time

Korea Real Time provides sharp analysis and insight into what’s making news on the Korean peninsula. We chronicle the growing pains of South Korea — a country that has skyrocketed into the club of the world’s richest nations but now faces significant headwinds, and shine a spotlight on one of the world’s biggest geopolitical flashpoints: North Korea. Drawing on the expertise of The Wall Street Journal and Dow Jones Newswires, we’ll tell the stories behind the headlines in business, economics, politics, culture and lifestyle. You can contact the editors at korearealtime@wsj.com